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Strategic Management

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❶The company also tries to sustain and enhance its brand image by virtue of comprehensive branding strategy.

Tests and other assignments can be made available online in specific programs used for online classes such as WizIQ Whiteboard, Illuminate, Blackboard, etc. Other methods that can be used in virtual campus are live sessions, videoconferencing, discussing and sharing various applications, just to name a few.

This method will offer flexibility to adult students with full-time jobs and family, t he cost of an online degree is relatively cheaper than at a traditional university setting but it does not diminish the value of the degree, and students can remain at home and avail degrees that may not be offered by universities or colleges nearby. Business Strategy EWU aims to provide quality education at reasonable cost and eventually not only to be best in Bangladesh but also to be the best in the South Asian region, and for that reason EWU can adopt certain strategies to improve its overall goodwill and image.

Moreover, apart from offering only market oriented or job oriented subjects, EWU can also offer subjects such as Bengali, Music, History, Philosophy, Geography, Mathematics, etc.

EWU should reduce its sole dependence on tuition fees from students and go for alternative sources of funding such a donation, sponsored support, gifts, research grants, scholarship grants, endowments, etc. It can take the support of its alumni, various donors, faculty, staffs and students to make progress towards the development of a financially sustainable model that will better support EWU in the future.

With the financial help of the more profitable departments, EWU can create and initially support some other departments such as, Music, History, etc. All these will help EWU to provide quality education at a more reasonable cost. EWU should strengthen its collaborative arrangements in research, faculty and student exchange, and curriculum development with different foreign universities and institutions.

Affiliation with international universities will also provide the students with ample scope for participating in international competitions, events and exchange programs. EWU should set up an internal quality assurance cell to assess and maintain the quality of the programs or courses offered. EWU can provide residential facilities i. To improve the quality of education further and reach international standards the following strategies may be adopted by the different faculties of EWU: Developing a practical, research-based curriculum and moving away from memorization based examination style and adopting international case based examination style.

To enhance the quality of education and help EWU to meet international standards, faculties can follow an international standard and competitive admission process, such as, a process that is comparable to the Scholastic Assessment Test SAT , to ensure that the university recruits the best students in the country since the lack of strict admission process can lead to a weak base of students and can result in poor progress of various departments.

Faculties can offer s hort-term certificate programs for students on various subjects such as English, Information and Communication Technology, business administration, etc. Appendix J Net profit attributable to equality holders of the Company increased by Consolidated cash and deposits stands at RM2. Japan and US unlike many other fuel efficient cars production line Thestrong brand image of Toyota leading auto manufacturers which got The Malaysian automobile market both locally andenvironmental awareness globally manufacturing plants in low cost among Malaysians is growing is Toyota is the industry leader in locations.

Onsaturated due to the slow growth top of that, the ASSB is which will tend more people to rate in population and the presence efficient manufacturing and only putting together the parts produce prefer hybrid cars like Toyota of strong competitors such as operations in terms of TQM Total in those major production centers Prius.

This has given a competitive countries due to heavy taxation on weakness in terms of limited product foreign cars.. The revised National becoming more affordable creating social status ranging from the luxury and to economical models such asAutomotive Policy NAP gives tough competition for Toyota in the cars to the medium, economy and low Toyota Vios which catered to differentserious consideration in further Malaysian market.

Also, Prius in and has been movingIn order to develop the domestic Heavy taxes on imported cars lead to Malaysia has recently announced its ahead with this technology ever since.

Since the Malaysia government With this, it is likely to boost the salehas given exemptions on of Toyota hybrid models such ascustoms duties and exercise duties Prius and Prius C. Environmentfor both hybrid and electronic cars. Hybrid modelstaxation over its GLC? However, it depends greatly on the price. Analysis — Competitors Analysis dropped 1. Technology higher but losing out interms of price. After that, it will be a lot more expense to own a Hybrid car whereby current price ranges are starting from RM90, — RM,Financial Analysis Toyota is doing great in year but the looking back to year , its sales dropped tremendously from the impact of natural catastrophe.

The major focus of the strategy is the utilization of the strengths of the firm, in the best possible manner. Apart from that, the organization should look to minimize its weaknesses, make best possible usage of the opportunities that arise within the market and always be aware of the threats to the organization.

A strategy is developed to cover all these areas. This is the basic function of strategic management. The resources of every organization are limited and have to be utilized efficiently, so that the best possible profit could be gained off of them.

For these purposes, the objectives or goals of the company are decided and communicated to the managers. Every strategy, which is developed, aims at achieving these goals and facilitating the notion of the profitability. Strategic management is critically important for every organization in the world, in order to attain competitive advantage over the other firms.

The concept directs the position of the organization and its vulnerability to competition. Since, every company faces competition at some level, it is critically important to realize how the strategies of the competitors are likely to effect the organization. In accordance with this comparison, strategic management aids in the development of the business as well as meeting the competition.

Communication is one of the key elements of strategic management. Most organizations look to communicate its objectives to the employees, so that they also have an understanding of what is targeted by the organization.

This is how the plan or strategy is executed, maximizing the abilities of the organization in achieving the desired objectives. We have built the ultimate resource for high school and college essay writing.

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The strategic management process consists of three components: Strategic analysis, strategic choices and strategic implementation. These components are vital in a firm as it appraises the business and industries in which the firm is a part of.

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- Strategic management and decision making Strategic management is a disciplined effort or control to make necessary decisions that have an effect on a business or an organization; the aim of strategic management is mainly to develop new, innovative or diverse ideas and opportunities for potential or development, and facilitates or assists an organization to achieve its goals (SM, ).

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Short Essay on Strategic Management April 4, 1 Definition of Strategic Management Strategic management is the process where managers establish an organi-zation’s long-term direction, set the specific performance objectives, develop. Strategic Management Strategic management basically aims at identifying and describing the strategies, which would be utilized by the managers of the organization, in order to attain better performances as well as competitive advantage for the company.

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Strategic Management Essay company’s strategy is managements game plan for growing the business, staking out a market position, attracting and pleasing customers, competing successfully, conducting operations and achieving targeted objectives" (Thompson, Strickland & Gamble). Strategic management process sets the long-run performance by undertaking environmental scanning, strategy implementation, and evaluation and control. The process of strategic management is a mixture of several ingredients. It is a science because it requires scientific research when .